Euro Upside Likely After Consolidation

FX:EURUSD   Euro / U.S. Dollar
396 4 3
On the daily charts the pair formed a pin bar off 1.3000 which we suggested in our daily market commentary. This level has held 3x after the large bullish impulsive move. Suspecting more upside to test the resistance area around 1.3185 after a potential pullback towards 1.3000.

Well, dropped a little below than anticipated but the bounce back forecast was effective from you mate...I will follow your charts...
Even the target zone is crossed...a strong move is on with the trend...late better than never, Long is still on...
Hello Pradafx - yes, as suspected the 1.3145-75 held the upside in check and rejected several times, so definitely a good area to take profit. Will have a new chart later today so stay tuned.

Kind Regards,
Chris Capre
This is a very good target Chris.... Your levels respected. EU reached near 1.3185 and we are going down again. 1.30 may be the next level.
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